Demand: DEMANDS Are Wants For

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DEMAND

DEMANDS are wants for

specific products backed by an ability to pay.


When

backed by buying

power, WANTS becomes DEMANDS.

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DEMANG STATES

NEGATIVE DEMAND

Consumers dislike the product and may even pay a price to avoid it.

NON EXSISTENT DEMAND Consumers

may be unaware or uninterested about the product.

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IRREGULAR

DEMAND Consumers purchases vary on a seasonal, monthly, weekly, daily or even hourly basis. DEMAND Consumers are adequately buying all products put into the marketplace. DEMAND More

FULL

OVERFULL

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MARKETING CHANNELS
Marketing Channels = Marketer + Target Buyers

COMMUNICATION

CHANNELS This

enables to deliver and receive messages from Target Buyers. Egs: Radio, TV, Magazines, Newspapers, etc.

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DISTRIBUTION CHANNELS This

helps to display or deliver the physical product or service to the buyer or user. Egs: Warehouses, transportation vehicles.

TRADE CHANNELS This includes Distributors, Wholesalers and Retailers.

SELLING CHANNELS This includes

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CUSTOMER

CONSUMER

MARKETS

MARKETERS

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MARKET AND TYPES OF MARKET


CONSUMER BUSINESS GLOBAL

MARKETS

MARKETS AND GOVERNMENTAL

MARKETS

NON-PROFIT

MARKETS

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DIFFERENCE BETWEEN
CONSUMER MARKET INDUSTRIAL MARKET

Pg.82

of govindarajan

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It begins with starts with

manufacturing a needs & product. preferences of the customer. it turns Thereafter


Its emphasishow attention to is on

MARKETING SELLINGthe

to sell it and of the provisionearn profit from to satisfactionthe sales. him.


Its

principle thrust main thrust is the need of the is on the need of the seller. buyers. is based on pre-occupied

It

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Its based on It is keynote is

MA
- It looks to the long-term interests of the enterprise by

idea that the the Customer is products the King. of the enterprise can be Whatever is sold easily. produced should be according to his needs & preferences.

that the SELLING

RK

ACTIVITIES UNDER MARKETING MANAGEMENT


PLANNING ORGANISATION DIRECTING CO-ORDINATING CONTROLLING

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(INCLUDING FORECASTING)

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Marketing as a manegerial function


Understanding

consumer needs

Environmental

scanning and Market Opportunity analysis of a Competitive Marketing Plan & Strategy such that an organisation is able to satisfy not only the consumers needs but also achieve

Development

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